Skyworks Solutions, Inc. income statement
In fiscal 2025, Skyworks Solutions, Inc. reported revenue of $4.09bn, down 2.2% on the year before, operating income of $500m (a 12.2% margin) and net income of $477m, or $3.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Oct 2009 | 2010Oct 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Oct 2014 | 2015Oct 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Oct 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 803 | 1,072 | 1,419 | 1,569 | 1,792 | 2,292 | 3,258 | 3,289 | 3,651 | 3,868 | 3,377 | 3,356 | 5,109 | 5,486 | 4,772 | 4,178 | 4,087 | 4,014 |
| Cost of revenue | — | — | — | — | — | — | — | — | 1,810 | 1,917 | 1,773 | 1,743 | 2,597 | 2,881 | 2,665 | 2,457 | 2,405 | 2,379 |
| Gross profit | 318 | 457 | 620 | 667 | 767 | 1,023 | 1,555 | 1,665 | 1,842 | 1,951 | 1,604 | 1,613 | 2,512 | 2,604 | 2,107 | 1,721 | 1,682 | 1,635 |
| Research and development | 124 | 134 | 169 | 213 | 226 | 252 | 303 | 312 | 355 | 405 | 424 | 464 | 532 | 618 | 607 | 632 | 786 | 847 |
| Selling, general and administrative | 100 | 118 | 137 | 158 | 160 | 179 | 191 | 196 | 205 | 208 | 198 | 231 | 323 | 330 | 314 | 301 | 372 | 438 |
| Operating income | 72 | 200 | 295 | 256 | 345 | 565 | 1,023 | 1,119 | 1,254 | 1,319 | 952 | 892 | 1,613 | 1,527 | 1,125 | 637 | 500 | 305 |
| Interest expense | 8 | 4 | 2 | 1 | 0 | — | — | — | — | — | 0 | 0 | −13 | 48 | 64 | 31 | 27 | 27 |
| Income before tax | 70 | 195 | 294 | 255 | 345 | 565 | 1,024 | 1,201 | 1,257 | 1,332 | 961 | 892 | 1,599 | 1,477 | 1,079 | 636 | 527 | 326 |
| Income tax | −25 | 58 | 67 | 53 | 66 | 108 | 225 | 205 | 247 | 414 | 107 | 77 | 100 | 201 | 96 | 40 | 50 | 36 |
| Net income | 95 | 137 | 227 | 202 | 278 | 458 | 798 | 995 | 1,010 | 918 | 854 | 815 | 1,498 | 1,275 | 983 | 596 | 477 | 290 |
| Diluted EPS | $0.56 | $0.75 | $1.19 | $1.05 | $1.45 | $2.38 | $4.10 | $5.18 | $5.41 | $5.01 | $4.89 | $4.80 | $8.97 | $7.81 | $6.13 | $3.69 | $3.08 | $1.93 |
| Diluted shares (average) | 170m | 183m | 190,700m | 192m | 192m | 193m | 195m | 192m | 187m | 183m | 175m | 170m | 167m | 163m | 160m | 162m | 155m | 151m |
| EBITDA | 116 | 246 | 355 | 325 | 419 | 662 | 1,185 | 1,333 | 1,481 | 1,592 | 1,267 | 1,210 | 1,945 | 1,921 | 1,513 | 902 | 779 | 594 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Oct 2025 | 2026 Q1Jan 2026 | 2026 Q2Apr 2026 | 2026 Q3Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,025 | 1,069 | 953 | 965 | 1,100 | 1,035 | 944 | 935 |
| Cost of revenue | 595 | 627 | 562 | 564 | 653 | 608 | 558 | 560 |
| Gross profit | 430 | 442 | 392 | 401 | 448 | 427 | 385 | 375 |
| Research and development | 164 | 176 | 187 | 199 | 223 | 203 | 212 | 208 |
| Selling, general and administrative | 74 | 83 | 88 | 89 | 112 | 108 | 120 | 99 |
| Operating income | 59 | 181 | 97 | 111 | 111 | 104 | 42 | 49 |
| Interest expense | 7 | 7 | 7 | 7 | 7 | 6 | 8 | 6 |
| Income before tax | 58 | 190 | 102 | 112 | 122 | 110 | 45 | 49 |
| Income tax | −2 | 28 | 34 | 7 | −19 | 31 | 10 | 15 |
| Net income | 61 | 162 | 69 | 105 | 141 | 79 | 36 | 34 |
| Diluted EPS | $0.37 | $1.00 | $0.43 | $0.70 | $0.94 | $0.53 | $0.24 | $0.22 |
| EBITDA | 128 | 249 | 166 | 181 | 183 | 177 | 112 | 122 |
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